Offshore LNG News


Asia LNG Price Jumps by 40% to Record High

Oct 06, 2021

Asia liquefied natural gas (LNG) spot prices surged by 40% to a record high of over $56 per million British thermal units (mmBtu) on Wednesday, amid a global energy crunch and low gas inventories.Price agency S&P Global Platts' Japan-Korea-Marker (JKM)…

Woodside Extends Worley's Service Agreement for W. Australia Gas Plants

Oct 05, 2021

Australian oil and gas firm Woodside has awarded an extension to a non-binding frame agreement with engineering firm Worley to continue supporting the Karratha Gas Plant and Pluto LNG assets in Western Australia.Pluto LNG processes gas from…

North Field Expansion: Qatar Petroleum Orders LNG Carrier Quartet in China

Oct 04, 2021

Qatar Petroleum has ordered four new LNG carriers from Hudong-Zhonghua Shipbuilding Group, a subsidiary of China's CSSC, as part of its North Field expansion project.'These four carriers are the first batch of orders in Qatar Petroleum’s massive LNG shipbuilding program…

Qatar Strikes Long-Term LNG Supply Deal with China's CNOOC

Sep 30, 2021

Qatar Petroleum has signed a long-term LNG sales deal with China's CNOOC Gas and Power Trading & Marketing Limited, a subsidiary of China National Offshore Oil Corporation (CNOOC).QP will supply of 3.5 million tons per annum (MTPA) of LNG to CNOOC over a 15-year period starting January 2022…

Offshore Drilling Rigs Eyed for LNG Conversion

Sep 24, 2021

Aberdeen-based offshore rig inspection company ADC Energy has said it has won a contract with an unnamed U.S.-based LNG company to help it identify and select offshore drilling rigs suitable for conversion for LNG operations.According to ADC Energy…

Hybrid Battery Package Installed on Siem PSV

Sep 13, 2021

Siem Offshore said one of its dual fuel platform supply vessels (PSV) has been upgraded with a hybrid battery package, in line with the company’s goals to reduce its environmental footprint.The installation aboard the 2014-built VS 4411 DF Siem…

Delta Offshore Energy's Vietnam Project Gets Environmental Approval

Sep 08, 2021

Delta Offshore Energy said Tuesday it had secured the environmental approval for the LNG to Power Project, the 3.2 GW power plant, and LNG Terminal in Bac Lieu, Vietnam.'Environmental Impact Assessment (EIA) is an extremely important key regulatory…

Qatar Petroleum Selects Técnicas Reunidas for North Field Expansion Project EPC

Aug 24, 2021

Qatar Petroleum has awarded an engineering, procurement, and construction (EPC) contract for its North Field Expansion Project to Técnicas Reunidas S.A., a Spanish-based contractor that provides EPC services to the energy industry.Técnicas Reunidas…

Petronas Says Delivers Maiden Carbon Neutral LNG Cargo

Aug 18, 2021

Malaysian oil and gas company Petronas said Wednesday it had delivered its first carbon neutral liquefied natural gas (LNG) cargo to Shikoku Electric.The cargo was delivered from the Petronas LNG Complex (PLC) in Bintulu and was received Tuesday at the Sakaide LNG terminal in Shikoku Island…

Sakhalin Energy: Maintenance Continues at LNG Train 2

Aug 18, 2021

Russian liquefied natural gas producer (LNG) Sakhalin Energy said on Wednesday post-shutdown commissioning was continuing at the second LNG train at its Prigorodnoye production complex.Comprehensive maintenance work, which began on July 9, had been initially due to last around 37 days…

Indonesia: Inpex to Delay FID for Abadi LNG Project

Aug 10, 2021

Japanese energy company Inpex Corp expects its final investment decision (FID) on the Abadi liquefied natural gas project in Indonesia to be delayed because COVID-19 has disrupted survey work and adjustments may be needed due to climate change…

Woodside Hikes Scarborough Cost Estimate to $12 Billion

Aug 05, 2021

Woodside Petroleum Ltd, Australia's top independent gas producer, said on Wednesday it had raised the cost estimate for its Scarborough project by 5% as it worked towards a final investment decision this year.Woodside has pinned its hopes on Scarborough…

Acteon Inks Deal to Support Philippines LNG Import and Regasification Terminal

Aug 03, 2021

Acteon secured an integrated project with Atlantic, Gulf & Pacific Company (AG&P) for the development of a liquefied natural gas (LNG) import and regasification terminal in Batangas Bay, called Philippines LNG (PLNG). The contract was signed…

Oil Search, Santos Close to Deal to Create Top 20 Global Oil Firm

Aug 02, 2021

Oil Search said on Monday it intended to recommend an improved buyout offer from Santos Ltd, worth A$8.4 billion ($6.2 billion), in a deal that would create a top-20 global oil and gas company.The merged group would own oil and gas assets in Australia…

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